RISKBOOK

Authorities Identify London Attacker
Posted on Friday March 24, 2017

Police in London have identified the man who carried out the terrorist attack in Westminster as Khalid Masood, born Adrian Elms in Kent, the BBC reports. Masood, who is thought to have been living in West Midlands prior to the attack, was not the subject of any current police investigations, though he had previously been convicted

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Theranos Seeks to Placate Investors With Additional Shares
Posted on Friday March 24, 2017

Last year, federal health regulators revoked the testing license of Theranos’s main lab and banned founder Elizabeth Holmes from the industry for two years —and now, the ailing company is making arrangements to offer additional shares of the company to investors in exchange for their pledge not to sue the company or Holmes, the Wall

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Taiwan Set for a Major Stimulus Package
Posted on Friday March 24, 2017

Taiwanese Premier Lin Chuan announced a NT $882.4 billion ($29.0 billion) stimulus package on Thursday to expand its export-driven economy, the South China Morning Post reports. Though demand for electronics led Taiwan's export orders to grow at their fastest rate in over 60 years in February, Taiwan’s economy remains vulnerable to calls from President Trump to

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Banks and Startups Fight Over Security
Posted on Friday March 24, 2017

Tech startups often ask users for their bank passwords to consolidate their records and provide them with advice, but now banks are trying to restrict that behavior, the New York Times reports. Tech companies allege that banks are using the proposed restrictions to prevent startups from offering services at lower prices, but several major banks like

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Qatar Investments in Barclay Under Scrutiny
Posted on Friday March 24, 2017

In 2008, then prime minister of Qatar, Sheikh Hamad bin Jassim bin Jabr al-Thani (HBJ), helped put together major deals that saved Barclays from public ownership, but now those deals are at the heart of a criminal case, the Financial Times reports. HBJ, who stepped down as prime minister in 2013 is not suspected of

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Banks Begin to Streamline Compliance Initiatives
Posted on Friday March 24, 2017

Since 2008, banks around the world have paid $321 billion in fines and hired thousands of compliance workers, but with penalties subsiding and technology improving, those trends may soon be reversed, Bloomberg reports. RBS is moving forward with plans to reduce their compliance staff by over 2,000, while others banks, like HSBC, expect their compliance spending

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Senate Votes to Allow Selling of Web Browser Data
Posted on Friday March 24, 2017

Using the Congressional Review Act, which allows Congress to vacate recently passed federal agency rules, the US Senate voted to overturn measures put in place last year by the Federal Communications Commission to prevent Internet providers from sharing customers’ personal data without their permission, the Verge reports. The FCC imposed the rules last year after it

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Tensions Grow Between EU and Turkey
Posted on Friday March 24, 2017

In a recent speech in Ankara, Turkish President Recep Tayyip Erdogan warned that the time may soon come when “no European, no Westerner will be able to take steps on the street safely and peacefully,” Agence-France Presse reports. Relations between the EU and Turkey had already started to deteriorate before the speech, when Turkish ministers were

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Companies Boycott YouTube and Google AdSense Over Hate Content
Posted on Friday March 24, 2017

A boycott of YouTube and Google AdSense that began in the UK with the BBC, the Guardian, and the British Government has spread to over 250 firms including US companies like AT&T, Johnson & Johnson, Verizon, and Enterprise, the Guardian reports. The boycott arose after companies became concerned that their ads were running alongside user content

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Hospital Projects on Hold Until Obamacare Vote Takes Place
Posted on Friday March 24, 2017

After the Affordable Care Act went into effect, hospitals saw higher profit margins and several of them developed expansion plans, but as changes to the law loom, many of those plans have been placed on hold, Reuters reports. Hospitals create their proposals for new clinics, wings, and technology projects based on projected revenue, but with proposed

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Delhi Doctors Join Strike in Maharashtra
Posted on Friday March 24, 2017

Across the Indian state of Maharashtra, junior doctors have gone on strike to demand that security measures be put in place to combat the growing number of assaults against doctors by family members of patients, the Hindustan Times reports. Almost 20,000 resident doctors at major government hospitals in Delhi joined the protest, taking mass casual leave

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California Flood Infrastructure in Disrepair
Posted on Friday March 24, 2017

Last month, authorities ordered the evacuation of 188,000 people downstream of the 770-foot Oroville Dam after water surges ripped off sections of both its spillways, and now officials are scrambling to make repairs and avoid “a very significant risk,” the Associated Press reports. If repairs to the dam are not completed before the next rainy season

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Right-to-Try Drug Laws Gain Momentum
Posted on Friday March 24, 2017

Over the past three years, 33 states have adopted “right-to-try” laws that give patients access to drugs that haven’t been approved by the Food and Drug Administration, and now proponents of the laws are gaining momentum in the remaining 17 states, Stat reports. Before right-to-try measures, patients typically had to either seek a clinical trial or

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US-Brazil Cooperation Means Companies Must Be Careful
Posted on Friday March 24, 2017

Corporations that operate in Brazil and Latin America face a difficult anti-corruption compliance landscape as they try to navigate the Foreign Corrupt Practices Act and the Brazilian Clean Company Act (CCA), the FCPA Blog reports. In recent years, US regulators have become more willing to partner with their counterparts in the region to enforce anti-corruption laws

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‘Deaths of Despair’ Contribute to Rising Mortality Rates
Posted on Friday March 24, 2017

Since 1999, death rates have been rising among middle-aged white Americans, and according to a study by economists Anne Case and Angus Deaton, that trend can partially be explained by so-called “deaths of despair,” NPR reports. Their study points out that white people without a college degree often suffer from a lack of steady jobs, low

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